Data I/O Corporation (NASDAQ:DAIO) VP Rajeev Gulati sold 14,028 shares of the business’s stock in a transaction that occurred on Wednesday, October 11th. The stock was sold at an average price of $9.20, for a total value of $129,057.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Rajeev Gulati also recently made the following trade(s):

  • On Tuesday, October 10th, Rajeev Gulati sold 4,028 shares of Data I/O Corporation stock. The stock was sold at an average price of $8.92, for a total value of $35,929.76.
  • On Monday, October 9th, Rajeev Gulati sold 5,000 shares of Data I/O Corporation stock. The stock was sold at an average price of $8.86, for a total value of $44,300.00.
  • On Tuesday, September 12th, Rajeev Gulati sold 13,452 shares of Data I/O Corporation stock. The stock was sold at an average price of $8.34, for a total value of $112,189.68.

Shares of Data I/O Corporation (DAIO) traded up 2.48% during mid-day trading on Wednesday, hitting $9.93. The stock had a trading volume of 57,589 shares. The company’s 50 day moving average is $8.99 and its 200-day moving average is $7.62. The stock has a market cap of $81.15 million, a P/E ratio of 23.15 and a beta of 1.41. Data I/O Corporation has a 52-week low of $3.41 and a 52-week high of $10.30.

Data I/O Corporation (NASDAQ:DAIO) last released its quarterly earnings results on Thursday, July 27th. The electronics maker reported $0.14 earnings per share (EPS) for the quarter. Data I/O Corporation had a net margin of 12.14% and a return on equity of 21.22%. The business had revenue of $9.14 million for the quarter. On average, equities research analysts anticipate that Data I/O Corporation will post ($0.10) earnings per share for the current fiscal year.

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Essex Investment Management Co. LLC grew its holdings in Data I/O Corporation by 22.6% in the second quarter. Essex Investment Management Co. LLC now owns 16,561 shares of the electronics maker’s stock worth $132,000 after purchasing an additional 3,055 shares during the last quarter. Spark Investment Management LLC grew its holdings in Data I/O Corporation by 120.7% in the second quarter. Spark Investment Management LLC now owns 61,800 shares of the electronics maker’s stock worth $491,000 after purchasing an additional 33,800 shares during the last quarter. EAM Investors LLC purchased a new position in Data I/O Corporation in the second quarter worth $495,000. Thompson Davis & CO. Inc. grew its holdings in Data I/O Corporation by 77.2% in the second quarter. Thompson Davis & CO. Inc. now owns 20,022 shares of the electronics maker’s stock worth $159,000 after purchasing an additional 8,722 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in Data I/O Corporation by 15.7% in the second quarter. Dimensional Fund Advisors LP now owns 325,713 shares of the electronics maker’s stock worth $2,589,000 after purchasing an additional 44,089 shares during the last quarter. 24.70% of the stock is currently owned by institutional investors and hedge funds.

Data I/O Corporation Company Profile

Data I/O Corporation provides programming and associated intellectual property management solutions. The Company’s solutions are used in the manufacturing of flash, microcontrollers and flash-memory-based intelligent devices. It designs, manufactures and sells programming systems used by designers and manufacturers of electronic products.

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